Jun, 30, 2024 — FAMILY HORIZONS CREDIT UNION is a federally insured state chartered credit union headquartered in INDIANAPOLIS, IN with 2 branch locations and about $99.91 million in total assets. Opened 71 years ago in 1954, FAMILY HORIZONS CREDIT UNION has about 12,134 members and employs 29 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | FAMILY HORIZONS CREDIT UNION |
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Address: (Main Office) | 6665 E 21st St INDIANAPOLIS, IN 46219 |
Phone: | (317) 352-0423 |
Fax: | (317) 352-0524 |
Website: | https://www.familyhorizons.com |
Branches: | 2 branch locations |
Members: | 12,134 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 64942 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $99,906,475 |
CEO/Manager: | Keith Wright |
Chairperson: | Scott Rigney |
ASSETS: | $ Amount |
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Cash & Equivalents | 4,967,000 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 7,274,611 |
Unsecured Loans | 1,642,349 |
Other Loans | 69,002,861 |
TOTAL LOANS | 77,919,821 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -441,034 |
Land And Building | 868,820 |
Other Fixed Assets | 159,755 |
NCUSIF Deposit | 819,965 |
All Other Assets | 0 |
TOTAL ASSETS | 99,906,475 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 5,000,000 |
Accounts Payable & Other Liabilities | 1,605,338 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 17,810,292 |
Regular shares | 46,642,230 |
All Other Shares & Deposits | 18,929,567 |
TOTAL SHARES & DEPOSITS | 83,382,089 |
TOTAL LIABILITIES | 89,987,427 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 9,919,048 |
TOTAL EQUITY | 9,919,048 |
TOTAL LIABILITIES, SHARES, & EQUITY | 99,906,475 |
INCOME & EXPENSE | |
Loan Income | 1,942,775 |
Investment Income | 187,032 |
Other Income | 487,848 |
Total Employee Compensation & Benefits | 1,813,669 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,569,856 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 434,644 |
Cost of Funds | 122,960 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 37,413 |
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